The myth that President Clinton reduced the US deficit

I hear this a lot, "the deficit came down during the Clinton years." Not so.

The data below comes from us treasury web site. The total debt has gone up every year since 1980 (and before that too). The only time it has fallen was during a couple periods in the 1800s.

Date	Dollar Amount
09/30/2009	11,909,829,003,511.75
09/30/2008	10,024,724,896,912.49
09/30/2007	9,007,653,372,262.48
09/30/2006	8,506,973,899,215.23
09/30/2005	7,932,709,661,723.50
09/30/2004	7,379,052,696,330.32
09/30/2003	6,783,231,062,743.62
09/30/2002	6,228,235,965,597.16
09/30/2001	5,807,463,412,200.06
09/30/2000	5,674,178,209,886.86

09/30/1999	5,656,270,901,615.43
09/30/1998	5,526,193,008,897.62
09/30/1997	5,413,146,011,397.34
09/30/1996	5,224,810,939,135.73
09/29/1995	4,973,982,900,709.39
09/30/1994	4,692,749,910,013.32
09/30/1993	4,411,488,883,139.38
09/30/1992	4,064,620,655,521.66
09/30/1991	3,665,303,351,697.03
09/28/1990	3,233,313,451,777.25
09/29/1989	2,857,430,960,187.32
09/30/1988	2,602,337,712,041.16
09/30/1987	2,350,276,890,953.00
09/30/1986	2,125,302,616,658.42
09/30/1985	* 1,823,103,000,000.00
09/30/1984	* 1,572,266,000,000.00
09/30/1983	* 1,377,210,000,000.00
09/30/1982	* 1,142,034,000,000.00
09/30/1981	* 997,855,000,000.00
09/30/1980	* 907,701,000,000.00

Here is a link that talks about debt as a percent of GDP. Indeed during the Clinton years this did go down. But that is only natural when GDP is so high during boom times for Debt to GDP ratio to fall.

Here is some interesting history on US debt, including an important graph showing how much we spend on interest alone (again as a percent of GDP).

In any case, the deficit did NOT come down at any time during the Clinton years.